Tag: money

What is the W-4 form and what is it used for The W-4 form is a document that is used by employers to determine the...

What does a C note mean and where does the term come from A C-note is a common slang term for a $100 bill. The...

What is 'Yard' A financial term meaning one billion. Yard is derived from the term "milliard" which is used in some European...

What is 'K-Ratio' A ratio that is used in the performance evaluation of an equity relative to its risk. The ratio examines...

What is the 'W-2 Form' The W-2 form is the form that an employer must send to an employee and the Internal Revenue Service (IRS)...

What is 'Back Charge' A billing made to collect an expense incurred in a previous billing period. A back charge may be...

What is 'Baby Bills' A hypothetical nickname for the smaller companies that would have been formed if Microsoft had been broken up...

What is 'MAD' In currencies, this is the abbreviation for the Moroccan Dirham. Explaining 'MAD' The currency market, also...

What is a T-account A T-account is a visual representation of the ledger of a business or individual. It is so named because it looks...

What is gambling income and how is it taxed Gambling income is defined as any money or prizes won from gambling activities, such as playing...